Bankers rebuff White House claim that stablecoin yield doesn't threaten deposits
Burns Brief
A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue.
Key Takeaways
- A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue